What to expect out of mild build 360

You can get more ignition timing. But it needs more camshaft timing. Don't let it intimidate you. It's an easy job with a lot to be benefitted from. You could be talking about a 50 HP change with both camshaft and ignition timing.

Yeah I may attempt to do that when winter comes along, the only reason I'm concerned is because when my dad and I were rebuilding the engine we accidentally stripped the threads for the balancer bolt so we just loctited it in there with whatever threads were left. But if its gonna give me some good gains it might be worth it to try